Compliance
IRS: Remote Notarization, a Pandemic Development, May Stay
The rule would codify relief from ‘physical presence’ rules for retirement plan elections that was first granted during the height of the COVID-19 pandemic.
Products
Compliance
Advisers Can Assist Participants With Spending Safely in Retirement
With a new retirement withdrawal projection from J.P. Morgan, advisers have a tool to help participants gradually spend down accumulated balances.
The Biggest Retirement Plan Leakage Triggers and Costs for Participants
The paper finds that about 25% of contributions by pre-retirement-age individuals leaked between 2003 and 2005, and that this increased to roughly one-third in 2010.
Participants Reassess Their Retirement Savings and Readiness With the New Year
Following the economic impact of the COVID-19 pandemic, participants are shifting back to retirement planning.
New Bill Would Allow Faster Access to Retirement Accounts After Disasters
The legislation would allow survivors to withdraw $100,000 without fees or penalties.